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SA
State Enterprise
Petrochemical
TADAWUL: 2010
SABIC
Riyadh, Saudi Arabia · Established 1976 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Saudi Basic Industries Corporation (SABIC) is one of the world's largest petrochemical producers, 70% owned by Saudi Aramco since 2020. The company manufactures chemicals, polymers, fertilisers, and metals across 50 countries with manufacturing hubs in Saudi Arabia, Europe, Americas, and Asia.
FY2024 revenue was approximately $37 billion with EBITDA of $5.5 billion, reflecting petrochemical margin compression from global overcapacity and China's self-sufficiency push. Aramco integration provide...
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